bank charges on TT payments
This query is : Resolved
20 August 2010
HI FRIENDS
PLEASE HELP ME TO DECIDE WHETHER BANK CHARGES PAID ON TT PAYMENTS FOR IMPORT IS INCLUDABLE IN MATERIAL COST OR SIMPLY INDIRECT COST UNDER THE HEAD OF BANK CHARGES.
THANKS
GOPAL
PLEASE HELP ME TO DECIDE WHETHER BANK CHARGES PAID ON TT PAYMENTS FOR IMPORT IS INCLUDABLE IN MATERIAL COST OR SIMPLY INDIRECT COST UNDER THE HEAD OF BANK CHARGES.
THANKS
GOPAL
20 August 2010
Indirect Cost under Bank Charges
20 August 2010
It would be "bank charges" under the head- Ind. exp.
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